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Purpose – The paper aims to offer an exploration of the Banking Act 1987 which was passed following the failure of Johnson Matthey Bankers (JMB) in 1984. This Act extended the role of auditors in banking supervision by removing traditional confidentiality constraints and created a new role of...
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This article investigates reform of the actuarial profession following the establishment of the UK Financial Services Authority and as a result of the problems emerging at the Equitable Life Assurance Society. Perceptions on changes to the role of life actuaries are explored using interviews...
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One feature of the UK Financial Services Authority's (FSA) approach to regulation is the involvement of private actors in the regulatory process. This paper explores the introduction of ‘Principles and Practices of Financial Management’ (PPFM) for the management of with-profits funds of UK...
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